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Listing provided courtesy of MORE Realty- MLS# 426716270MLS ProviderContact Information: 971-678-2509

8720 SE CLATSOP STHappy Valley, OR 97086

Multi-Family · 0.40 Acres
$639,900 Active

8720 SE CLATSOP ST Overview

Time on Site:
116 days
Visits:
0

Fantastic investment opportunity to own a former 4-space mini mobile home park in a highly convenient location! Situated on a spacious 0.40-acre parcel, the property offers four home sites, with one space currently vacant. The listed 3,888 sq ft reflects the combined size of the three existing manufactured homes on the property, all owned by the seller and included in the sale.Two of the homes were built in 2018 (each approximately 28' x 48') and feature 3 bedrooms and 2 bathrooms. The third home was built in 1971 and may offer the option for removal or replacement.This property presents multiple possibilities: continue operating as a rental investment, sell the two newer manufactured homes separately, or explore future development potential. County zoning indicates high-density residential, which may allow apartment development'buyers to perform their own due diligence and verify all uses.Conveniently located with easy access to I-205. Great potential for investors or developers!

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8720 SE CLATSOP ST Facts & Features

  • Type Multi-Family
  • Lot 0.40 Acres

Details

General

School Information

  • Elementary School: Lewelling
  • Middle Or Junior School: Rowe
  • High School: Milwaukie

Income/Expenses

  • Gross Income: 43080.0
  • Gross Scheduled Income: 67200.0
  • Net Operating Income: 38558.0
  • Operating Expense: 4522.0

Building Information

  • Year Built: 2018

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Rent/Lease Information

  • Rent Includes: Trash Collection,Water

Tax Information

  • Tax Annual Amount: 4522.0
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Call Listing Agent,Cash,Other
  • Parcel Number: 04002351,04002352
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: MR1

Interior

General Information

  • Foundation Details: Concrete Perimeter,Skirting
  • Heating: Other
  • Security Features: Entry
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Assigned,Covered

Lot Information

  • Lot Features: Commons,Corner Lot,Level,Private,Trees
  • Lot Size Acres: 0.4
  • Lot Size Square Feet: 17424.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

8720 SE CLATSOP ST Neighborhood

Community

97086 (Happy Valley) Demographics

40
Median Age
2,998
Population Density (per sq. mile)
56%
College Educated
$91,343
Estimated Median Income
7,378
Estimated Total Home Owners
4,311
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8720 SE CLATSOP ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8720 SE CLATSOP ST Market Data

Based on the last 30 days in this zip code

$745,373
Average List Price
$288
Average Price per Square Foot
44
Properties Sold
78
Average Days on Market
224
Properties for Sale
Calculations provided by Reliance Network

8720 SE CLATSOP ST History

Date Event Value Agent
3/5/2026Source: Regional MLS Added to Database
March 05, 2026